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Monday, January 04, 2010

Blog for Iowa: Unemployment claims still on the rise in Iowa

Excerpted from this post at Blog for Iowa

Data can be funny. Especially when politicians get their hands on it.
Or media outlets with an agenda -- which would be all media, including
this one. The past few months have been particularly funny in how
unemployment reporting gets covered. So let's be clear. We are still
losing jobs. Maybe not me or you, but our economy as a whole, that
includes our communities, our friends, neighbors, brothers-in-law,
etc., continue to suffer a net loss of millions of jobs. But once you
put on rose-colored glasses, the fact that we are losing fewer jobs is
a sign that happy days are here again. According to the December 31
Unemployment Insurance Weekly Claims Report, 8,088 fewer initial
unemployment claims were filed -- great news! Add that to the fact
that the Dow Jones finished thousands of points up since the beginning
of the year, and we can be hopeful again, right?

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Mike Schramm
Andy Szal

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